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CNN
Nov 25, 2012 3:00pm PST
including senator lindsey graham and congressman peter king. are we inching closer to some potential compromise. athena joan has been following the fiscal cliff negotiations. >> martin, with congress returning this weekend, not much public evidence of any real progress on a deal the avoid the fiscal cliff. folks here in washington are wondering if this week will prove a turning point for republicans and democrats. members of congress expressed optimism sunday about the prospects for reaching a deal to avoid the fiscal cliff. a series of tax increases and spending cuts next year that could do serious damage to the economy. they also sounded warnings. >> we can and must get an agreement. otherwise i think first of all the markets are going to start reacting. >> it's not a done deal and not a certainty. if congress does nothing, which congress has gotten pretty good at doing these days, we'll go over the fiscal cliff. >> reporter: staffers have been working behind the scenes to find common ground to prevent across-the-board cuts lawmakers say should concern everyone. >> i think you shou
CNN
Nov 25, 2012 11:30am PST
senator lindsey graham and also from new york congressman peter king responding to this idea and jumping on the bandwagon with chandliss. let's listen to that. >> when you're $16 trillion in debt, the only pledge we should be making to each other is avoid becoming broke and republicans should put revenue on the table. i want to buy down debt and create rates to cut jobs, but i will raise taxes for the good of the country only if the government will do entitlement reform. >> a pledge we signed 20 years ago, 18 years ago is for that congress. if i were in congress in 1941, i would have signed the declaration of war against japan. i'm not going to attack japan today. the world has changed. >> reporter: and so it's interesting to see now two more republicans decide maybe it's not such a good idea to stick to this pledge. we'll have to see if more people decide to follow suit on that side of the aisle, fredricka. >> so athena, the lawmakers at all optimistic that they'll be able to reach a deal in the next few weeks? >> reporter: i don't know about the next few weeks, fredricka. we heard a lo
CNN
Nov 26, 2012 6:00am PST
norquist's no tax pledge. one of the latest is republican representative peter king. >> i agree entirely with saxby chambliss. a pledge you signed 20 years ago, 18 years ago is for that congress. if i were in congress in 1941 i would have supported a declaration of war against japan. i'm not going to attack japan today. the world has changed and the economic situation is different. >> republican senator saxby chambliss said, quote, country is more important than pledges. sorry, americans for tax reform and grover norquist, i'm in and out. it all sounds promising. you know, when it comes to compromise. except senators like lindsey graham didn't exactly say he was now open to raising taxes on the wealthiest americans. he actually said he supports capping deductions and buying down debt. which is different. so the question this morning, how excited should we really be by all of this talk of throwing grover norquist under the bust? under the bus, rather, not the bus. cnn contributor will cain is here along with jason johnson, chief political correspondent and political science professor at h
CNN
Nov 27, 2012 11:00am PST
and bob corker in the senate and peter king in the house, they haven't said overall now we changed our tune, we're in favor of raising taxes, what they said is okay, maybe we will budge on tax increases of some form in exchange for some cuts to entitlements and things like that. so that's clearly a major difference in their stance. there is going to be a lot of tough negotiating that goes on here. no question about it. but the thing that has changed is the republicans are beginning to signal they will accept tax increases as part of some kind of deal to solve this fiscal cliff problem and start dealing with the $16 trillion debt. >> so you brought up some of the names. where do you seat republican party right now? are they beginning to line up behind the bob corkers and the saxby chambliss and lindsey graham willing to talk about new taxes on the wealthy, or is the party still, like, say, rand paul, i talked to him a short time ago. take a listen. >> -- willing to raise taxes when we're still spending $300,000 a year on robotic squirrels to watch rattlesnakes attack a robotic squirrel
CNN
Nov 25, 2012 1:00pm PST
was an extreme position. >> so lawmakers, we're talking about peter king, lindsey graham being the latest ones today, to say they might consider abandoning that no tax hike pledge, similar to how senator saxby chambliss said he would abandon the pledge for the american people. yes, they may have been extreme positions but for a long time most of these lawmakers didn't feel it was extreme, they felt it was the necessary thing to do, they were digging in heels for a very long time. so it does seem hike an incredible page that's being turned here to be able to now say, i'll consider abandoning that. it does seem like there is maybe an olive branch that's being extended? >> i think turning back to a reasonable position is not the same as saying that i'm being moderate. what we are seeing in our polit politics, not just taking a couple of senators and using them as data points, but looking at the larger data sets of the trends over time, we're seeing moderates in general being chased out of our politicians. we have fewer blue dogs. we keep seeing moderate republicans be primaried when they are up f
CNN
Nov 25, 2012 2:00pm PST
to reach agreement on the debt. today we heart from senator lindsey graham and peter king, congressman out of new york, also jumping on the bandwagon with that. let's listen to that. >> when you're $16 trillion in debt, the only pledge we should be making to each other is to avoid becoming greece. and republicans should put revenue on the table. i want to buy down debt and cut rates to create jobs but i will violate the pledge, long story short, for the good of the country only if democrats will do entitlement reform. >> agree entirely. a pledge you signed 20 years ago, 18 years ago, is for that congress. fy were in congress in 1941, i would have signed the declaration of war against japan. i'm not going to attack japan today. the world has changed. >> it's interesting to hear that from those two republicans today, one in the house, one in the senate. but i should mention one thing. that is, in the weeks and days immediately following the election, house speaker john boehner himself came out and said, we're willing to consider revenues as long as it's not done by raising rates. and so in s
CNN
Nov 26, 2012 8:00am PST
chambliss, peter king, coker, lindsey graham, who have been fiscal conservatives their entire lives. so it's very hard, i think, to make the argument. i think it's silly, also, to have this circular fire squad against good republicans who have been getting elected, and, you know, in order -- i think it's silly to take a circular fire squad and take him out during a primary, because of some piece of paper that got signed or not signed, lived up to or not lived up to. if, in fact, they are fiscal conservatives, which is the entire point of this discussion. we are losing the point of it. because we're getting so hung up on this, you know, piece of paper. i really find it somewhat silly, the entire thing. >> some people have suggested there is an interesting procedural solution to this idea, and that would be to actually let everything go off the cliff, even just for a day. what would happen then is the tax rates would automatically go up on everyone. again, even just a day. then on january 2nd or oh january 3rd or january 4th, everyone could come back together. they could vote for tax cuts fo
CNN
Nov 26, 2012 9:00am PST
cantor, saxby chambliss, peter king, lindsey graham and bob corker all saying to some degree or another that they would be willing to step back from it. certainly encouraging, but as you saw in that piece from a while ago from athena, there is still some distance between both sides as the clock winds down. >> and, dan, folks who came from those meetings with the president last week and they say that he in those meetings spoke very generally about the possibility of reforming these entitlement programs, big programs like medicare, medicaid, that type of thing, is the white house willing to put on the table specifics regarding the kinds of reforms in those big, big entitlement programs? >> if so, this is something that is happening behind closed dooshz, and they're not saying so publically. republicans have been looking at the health care reform law since the election time now, during the campaign to try to roll it back, to have it repealed. many attempts there. they were hoping that if they had won the election, that they could have also repealed it then, and now, of course, the presiden
Search Results 0 to 7 of about 8